For 4 investment options that a city is considering, which of the below statements is true?

Rate	14.00%	per year
Project	Initial cost	Life of project	Salvage Value	Annual benefits
A	($6,545,000)	8	$593,000	$1,605,000
B	($8,328,000)	10	$675,000	$1,212,000
C	($9,674,000)	12	$2,262,000	$1,722,000
D	($8,546,500)	7	$674,000	$1,228,000

Group of answer choices

Choose Option D as the incremental B/C ratio between it and its final competitor is 1.55.

Choose Option D as the incremental B/C ratio between it and its final competitor is 1.20.

Choose Option A as the incremental B/C ratio between it and its final competitor is 0.97.

Choose Option A as the incremental B/C ratio between it and its final competitor is 0.45.